Romania

New ESG reporting requirements in Romania mark a significant step toward corporate transparency and sustainability Compani...

Effective from 13 December 2024, Regulation (EU) 2023/988 (GPSR) will replace the existing General Product Safety Directiv...

Bucharest, 10 December 2024 – Banca Comercială Română (BCR), one of Romania’s leading banks and a member of Aus...

As 2024 comes to an end, we want to take this opportunity to thank you for your trust and collaboration over the past year...

The Romanian Company Law no. 31/1990 has been amended through the recent Law no. 299/2024 to better align with t...

The Wolf Theiss Guide to Medical Devices in CEE & SEE offers an in-depth examination of the medical device industry in...

Bucharest, Ljubljana, Vienna, Warsaw, Zagreb, 1 November 2024 – Wolf Theiss has announced the promotion of six senior la...

As Environmental, Social and Governance (ESG) standards continue to dominate business conversations, the European Union (E...

In recent years, Europe has seen an increase in activities concerning collective redress, which will assuredly reshape the...

Positioning Wolf Theiss at the heart of the European Union Wolf Theiss is pleased to announce the opening of its newest of...

Your Essential Guide to Global Regulations and Market Trends The Panoramic: Merger Control – 2025 edition offers a c...

Vienna, 17 September 2024 – Wolf Theiss continues to strengthen its regional presence and legal expertise in CEE/SEE by ...

We are pleased to provide you with the updated 2024 version of our Wolf Theiss Corporate Investigation Guide. Members of o...

As the real estate industry continues to evolve, Expo Real stands as a crucial event for fostering innovation, growth and ...

COUNTRY-LEVEL UPDATES ON IMPLEMENTATION STATUS Once implemented into national law, the EU’s Whistleblowing Directive...

Following the latest developments in Romania’s Foreign Direct Investment (FDI) screening regime in December 2023, wh...

Bucharest, 18 July 2024 – Wolf Theiss acted as legal advisor to Promontoria Holding 252 B.V., a joint venture betwee...

Last week the long-awaited AI Act was published in the EU’s Official Journal on 12 July, becoming Regulation (EU) 20...

Last week was full of exciting news in relation to AI in Romania. First, the long-awaited AI Act was published in the EU&#...

Solutions for a shifting landscape In a world marked by constant change, resilience is key. Join Wolf Theiss in navigating...

The Romanian Parliament has recently passed a new piece of legislation (“Law 124/2024”) allowing local authori...

Leading legal solutions for a digital world As technology continues to shape the legal landscape, Wolf Theiss is at the fo...

Legal insights for the New Energy Era Embrace the future of energy with Wolf Theiss as we provide in-depth legal insights ...

Shaping the ESG future Discover the profound impact of Environmental, Social and Governance (ESG) factors on the legal lan...

To date, collective redress has been regulated differently among EU-Member States. In particular, a uniform and efficient ...

Under law no. 17/2014 regarding certain measures concerning the sale and purchase of agricultural land located outside the...

Bucharest, 13 May 2024 – Wolf Theiss Romania advised AIRSOL S.r.l., a fully owned subsidiary of SOL S.p.A. (an Itali...

2024 Edition of the RES Guide Wolf Theiss is proud to announce the release of the tenth edition of The Wolf Theiss Guide t...

Roundtable on the latest Data Protection developments and challenges We are happy to invite you to attend a new edition of...

The Romanian legislator has recently imposed additional anti-harassment obligations on employers, with a focus on gender-b...

We are happy to invite you to join us for a new round of Wolf Theiss’ M&A Talks series of events aimed at demyst...

Welcome to Wolf Theiss’ comprehensive guide on insolvency proceedings across the CEE and SEE region. In today’s co...

In today’s digital landscape, cyber-attacks such as phishing attacks have become more sophisticated than ever. We we...

Wolf Theiss’ strength has always been its regional coverage and we believe this is particularly true for our arbitration...

We are happy to invite you to join us for a new session of Wolf Theiss’ Competition Law Dialogue series of events, t...

With 2024 underway, Cannes stands once more as a pivotal hub for global real estate innovation as the host of the MIPIM, t...

As spring draws near, Wolf Theiss is excited to unveil our new Focus Topics for 2024. In this post, we will delve into the...

Dear Business Partners, We hit the ground running in 2024 with a new series of our M&A Talks events. These events are ...

Bucharest, 25 January 2024 – Wolf Theiss advised ACP (Accession Capital Partners) Credit, a group of investment fund...

Bucharest, 11 January 2024 – Wolf Theiss acted as a legal advisor to Symfonia sp. z o.o., a portfolio company of Mid...

Season’s Greetings! Let’s hit the ground running in the new year by learning about the expectations and the la...

Bucharest, 21 December 2023 – Wolf Theiss acts as legal advisor of the shareholders of DRIM Daniel FMCG, a family of...

As 2023 comes to a close, Wolf Theiss expresses gratitude for the trust and collaboration received throughout the year. De...

The EU Digital Services Act (DSA) has introduced a new liability and compliance framework for digital services offered to ...

On 16 November 2023, the Romanian Government approved the draft law aimed at ratifying the Unitary Patent Court Agreement ...

Dear Business Partners, We are happy to invite you to join us for a new round of Wolf Theiss’ M&A Talks series o...

When dealing with multinational corporations, we frequently examine and draft employment agreements and documents in diffe...

Bucharest, 9 November 2023 – The Wolf Theiss hosted event “Romania’s Move towards a Decarbonized Future̶...

Bucharest, 26 October 2023 – Wolf Theiss acted as legal advisor to CVI Dom Maklerski sp. z o.o., a Polish private de...

We are happy to invite you to join us for a new round of Wolf Theiss’ M&A Talks series of events: Real Estate ma...

Our Wolf Theiss event Romania’s Move towards a Decarbonized Future will bring together important players in the dome...

Since 2020, the ambitious targets adopted by the EU Member States for 2030 have proven to be a significant catalyst for th...

Bucharest, 2 October 2023 – DTEK Renewables International, a growing investor and operator in the renewable energy secto...

A thorough look at what you need to know in terms of legal details  and market trends for each country Our lawyers ha...

The Digital Services Act (DSA) is set to overhaul and expand the EU’s regulatory framework for online intermediary s...

In 2023, the city of lights beckons us! While Paris is renowned for its iconic landmarks, it stands equally strong as a fo...

Vienna, 14 September 2023 – Wolf Theiss further strengthens its regional presence and legal expertise in CEE/SEE with si...

This article discusses the interplay between the primacy of European Union law and the expected new practice in criminal l...

WT Crypto Academy – From Zero to Hero We are delighted to invite you to our unique WT Crypto Academy, which will deal wi...

Warsaw, 5 July 2023 – Wolf Theiss announces the expansion of its Corporate and M&A team in Poland with the addition ...

Wolf Theiss is pleased to announce the addition of new teams of experienced corporate and M&A lawyers who will join it...

Securing e-evidence and establishing efficient procedures is key. The E-Evidence Regulation (Council document 5448/23) wil...

Legal Background Recognizing the pressing need to rectify certain conflicting provisions within the existing legal framewo...

Following two (2) years of uncertainty, at the behest of the Romanian Government, the Ministry for Finance published the d...

Bucharest, 25 May 2023 – Wolf Theiss acted as legal advisor to Banca Comercială Română S.A. in relation to its in...

Bucharest, 22 May 2023 – Wolf Theiss acted as legal advisor to DTEK Renewables International, a growing investor and...

The implementation of Whistleblowing Directive (EU) 2019/1937 is expected to boost the creation of  reporting channel...

Bucharest / Prague / Vienna, 9. May 2023 – CEE / SEE law firm Wolf Theiss announced the internal promotions of five ...

Regulation (EU) 2022/1925, The Digital Markets Act, is set to apply from 2 May 2023  Addressing digital developments ...

Our Life Sciences and Healthcare Law experts have prepared a short practical guide highlighting the main elements of prici...

Bucharest, 21 April 2023 – Wolf Theiss acted as legal advisor to Erste Group Bank AG and Raiffeisen Bank S.A. in the...

“Governance” includes a broad range of topics that businesses are familiar with, but the key is effective impl...

Beyond mere compliance, best practices can create a competitive advantage and lead to more resilient businesses. Given the...

No longer just a “nice to have”, strong ESG performance is now business critical. The importance and impact of...

Bucharest, 3 March 2023 – Wolf Theiss advised the Belgian-based property developer SPEEDWELL in relation to obtainin...

Q&A with Erste Group and RBI Green Bonds and Securitisation Series – Article 3/3 This is the thrird article in a ser...

Uncertainty is lingering in CEE/SEE, but Europe’s transition to sustainable energy, buildings and infrastructure is ...

Renewables expert and Managing Partner of the firm’s Bucharest office Bryan W. Jardine takes a deep look into Romani...

Bucharest, 30 January 2023 – Wolf Theiss advised the property developer SPEEDWELL on its first industrial project, l...

Vienna, Bucharest, Budapest, 26 January 2023 – Wolf Theiss acted as legal advisor to Raiffeisen Bank International AG (�...

Directive (EU) 2019/1023 of the European Parliament and of the Council of 20 June 2019 on preventive restructuring framewo...

available also in Slovenian below The Corporate Sustainability Reporting Directive (“CSRD”)1 entered into forc...

Law 21 / 2023 for the Amendment of the Construction Law no. 50 / 1991 (“Law 21 / 2023”) was published in the O...

The Omnibus Directive aims to upgrade consumer protection rules as the EU gears up for the digital age. It widens consumer...

The year 2023 in Romania started with hopes for more legislative clarity concerning fire safety. Order No. 180 / 2022 issu...

Country chapters for Austria, Bulgaria, Hungary, Poland & Romania These quick reference country chapters on Austria, B...

Consultation round results in positive changes This alert is a follow up to our previous Q3/Q4 updates on whistleblower pr...

Discussions also underway on even enactment of criminal offences for sanctions violations In addition to other areas, the ...

*This list is regularly updated. Current as of 21 December 2022. The below list shows an overview over the EU sanctions re...

Bucharest, 21 December 2022 – Wolf Theiss advised AFI on obtaining a EUR 450 million credit facility for the purpose...

The beginning of the new year is a wonderful chance to celebrate, both what we have accomplished in 2022 and the exciting ...

Transition period for new Standard Contractual Clauses to expire on 27 December 2022 Earlier this week the European Commis...

Country Chapters for Czech Republic, Hungary, Poland and Romania These quick reference country chapters on Czech Republic,...

Regulatory evolution Green Bonds and Securitisation Series – Article 2/3 This is the second article in a series of a...

Managing investigations is critical component of compliance Effectively managing corporate investigations is an important ...

Bucharest, 21 November 2022 – Wolf Theiss acted as legal advisor to the Romanian shareholders of Fortech SRL, a lead...

The Government Emergency Ordinance no. 140/2022 regarding the single industrial license (“GEO 140/2022”) was p...

Bucharest, 16 November 2022 – The Bucharest office of CEE / SEE law firm Wolf Theiss announces the internal promotio...

NFTs are set to become one of the cornerstones of the metaverse NFTs enable companies to enter the virtual market of the m...

Undoubtedly, the digital world has come a long way since the dawn of the internet. Rapid evolution of technology has done ...

Much needed directive should catch up with the realities of modern products The existing products liability legislation in...

The Romanian Labour Code has recently experienced significant changes. On 19 October 2022, Law 283/2022 for the amend...

*this article is available for download below in English and German Unitary Patent System offers new opportunities for com...

Bucharest, 21 October 2022 – Dr.Max Group, owned by Penta Investments, relied on the legal expertise of Wolf Theiss for ...

Newest EU sanctions take direct aim at oil shipments. Enforcement in certain areas remains problematic After Russia recent...

Bucharest, 4 October 2022 – The shareholders of Dacia Plant relied on the legal advice of Wolf Theiss regarding the ...

Bucharest, 03 October 2022 – Wolf Theiss acted as legal advisor to Emona Capital LLP (“Emona Capital”), ...

Fighting financial crime in the metaverse requires a multi-level approach The metaverse merges social life, leisure, techn...

On 14 September 2022, the Romanian Chamber of Deputies sent for promulgation the law rejecting the Government Emergency Or...

On 1 September, 2022, the Romanian Government enacted a new government emergency ordinance (“GEO 119/2022”) re...

Bucharest, 13 September 2022 – Wolf Theiss acted as legal advisor to a syndicate of banks, consisting of Erste Group...

Vienna, 7 September 2022 – Wolf Theiss further strengthens its regional presence and legal expertise in CEE/SEE with six...

Bucharest, 6 September 2022 – Wolf Theiss acted as local legal advisor in Romania to Jade Power Trust, a Canadian-based ...

Clear and effective regulation of IP rights for AI is greatly needed at the EU level The effective regulation of IP rights...

Market and geopolitical factors drive renewed focus on renewable energy production the laws / regulations governing the ge...

Bucharest, 25 August 2022 – Wolf Theiss has advised Raiffeisen Bank S.A. (Romania) on its issue of RON 500,850,000 Senio...

Telemedicine has been growing in Central and Eastern Europe (CEE) for years, but the pandemic was a catalyst for more rapi...

By Ira Peric Ostojic and Sara Pavlovic The Covid-19 pandemic has highlighted the need to have timely access to and sharing...

How the Two-Pillar Solution will change where companies pay their taxes The OECD and the G20 are promoting a fundamental r...

As the business of the metaverse grows, so do the legal questions around it With the increasing popularity and acceptance ...

On 4 August 2022, the Romanian Government issued a new ordinance no. 18/2022 (GO 18/2022) which replaces the former decree...

Bucharest, 10 August 2022 – Wolf Theiss acted as legal advisor to a syndicate of banks, consisting of Raiffeisen Ban...

Bucharest, 28 July 2022 – Wolf Theiss acted as legal advisor to AROBS Transilvania Software, in relation to the acqu...

Bucharest, 27 July 2022 – The Turkish market leader in toys retail, distribution and manufacturing Sunman relied on the ...

The Wolf Theiss Debt Capital Market Team successfully advised on 29 benchmark and subbenchmark deals with a total issue vo...

The newly-adopted law, primary immediate reactions and practical considerations On 29 June, the Chamber of Deputies, as th...

The Romanian authorities have become increasingly focused on facilitating the development of renewable energy projects in ...

Wolf Theiss welcomes Flavius Florea as Counsel and Head of the TMT, IP & Data Protection practice in Romania. He will ...

↓ Part I: Cross-border recognition of restructuring proceedings – Amendment to the European Insolvency Regulation ...

Wolf Theiss has published the newest edition of its comprehensive guide to “Generating Electricity from Renewable So...

Wolf Theiss welcomes Dana Toma as a Counsel and Coordinator of the Bucharest Real Estate practice team and Ana-Maria Must�...

Wolf Theiss acted as legal advisor to CVI Dom Maklerski sp. z o.o., a Polish private debt fund, in structuring, negotiatin...

Was gilt es im Rahmen der ordnungsgemäßen Geschäftsführung zu beachten? Artikel auf englisch Link – Die Presse E...

What to consider in the context of proper business management? (article also available in German) ESG (Environmental, Soci...

Written for legal practitioners, business professionals and bankers Secured finance transactions are implemented the world...

After years with a liberal FDI regime, Romania has shifted to stricter rules for non-EU investors. The new regime entered ...

Vienna/London, 13 April 2022 – Wolf Theiss wins six awards for six jurisdictions at the 2021 “CEE Deals of the...

Bucharest, 1 April 2022 – Wolf Theiss acted as a legal advisor to Raiffeisen Bank in relation to a EUR 325 million credi...

In this episode in our podcast series dedicated to new ways of working, Hristina Dzhevlekova from Bulgaria and Andreea Sta...

Objectives and Limitations The Romanian Ministry of Energy has recently closed the public consultation on the state aid sc...

Wolf Theiss has offices in thirteen countries in Central, Eastern and South-Eastern Europe, one of them in Kyiv, Ukraine. ...

Wolf Theiss acted as legal advisor to ENERCON GmbH in relation to the sale of its operational 34.5 MW wind park to Premier...

Waterland Private Equity (“Waterland”) acquires a majority share in Duvenbeck group. With about 6,000 employee...

Guide country chapters AUSTRIA BULGARIA HUNGARY POLAND ROMANIA Analysis includes detailed information covering: Market cli...

Although the M&A market suffered in the first half of 2020, mainly due to the imposed covid-19 lockdown and the uncert...

The Competition Council approved the acquisition of Foodpanda RO SRL by Glovoappro SRL. This transaction is part of the mu...

The International Comparative Legal Guide – Foreign Direct Investment Regimes 2022 is a critical resource for legal ...

In this new episode of Wolf Theiss Soundshot, lawyers Anna Rizova from our Sofia office and Adelina Iftime Blagean from ou...

The Romanian office of the CEE-SEE law firm Wolf Theiss has expanded its team of lawyers, welcoming Mihai Coadă, Alexandr...

Wolf Theiss welcomes Bogdan Bibicu as its new partner. Bogdan Bibicu will strengthen the Corporate Investigations practice...

A new draft law in Romania prevents access to the workplace absent a Covid-19 Green Certificate. The new measures are appl...

Earlier this month, we released our first part of the episode “Do ask, do tell: LGBTIQ+ and the legal industry ̶...

Wolf Theiss acted as legal advisor to Banca Comercială Română S.A. in relation to its inaugural issue of the RON 500 mi...

Special purpose acquisition companies (SPACs) have become one of the most discussed topics in the equity market in recent ...

Detailed legal information and market trends for each country These detailed guides from our lawyers with local expertise ...

A look back at the last NPLs sales cycle In the previous cycle of non-performing loans (NPLs) sales after the global finan...

SECURITISATION ON THE RISE AGAIN Since securitisation products played a significant role in the US subprime mortgage crisi...

Private equity had a strong start in 2021, and its popularity only continues to rise, with significant activity in Central...

What are the risks Chinese investors face when doing business in Europe? What are a difference between Chinese state-owned...

Vienna, 20 September 2021 - Wolf Theiss advised Convotis GmbH on the legal aspects of the acquisition of ITSDONE Group.

Lessons learned in CEE/SEE September 2021 – Czech Republic, Hungary, Poland, Romania FDI restrictions in Central and...

Czech Republic What are the current topical issues, developments, trends and challenges in corporate governance? There are...

European legislation introduced the concept of electronic signatures in 1999 when the Directive on a Community framework f...

Deep changes in the global real estate market Panta rhei – „Everything flows“. When the Greek philosopher Heraclitus...

Despite the pandemic, the CEE M&A market in Life Sciences / Healthcare remains stable with substantial growth expected...

Bucharest, 12 August 2021 – Wolf Theiss has advised the founders of AMC RO Studio, a world-leading 3D art and design stu...

In July 2021,  the European Central Bank confirmed that it is going to be proceeding with its digital Euro project. H...

Under Romanian law, employment contracts must be concluded in writing for validity purposes. This justifies the extra care...

A typical M&A closing highlights the need for and value add of instant payments:parties to the transaction with an acq...

Material scope significantly expanded Romania will soon enforce new national legislation implementing the Whistleblowing D...

Most employees have dealt with questions like “How and when can I plan a holiday? What if I want to re-schedule my h...

Bucharest, 7 July 2021 – Wolf Theiss has advised Raiffeisen Bank S.A. (Romania) as Issuer on its RON 1.2 Billion Senior ...

Bucharest, 5 July 2021 – Wolf Theiss was the legal advisor of Novalpina Capital LLP, a London based independent European...

The Romanian Government is preparing to draft and adopt new significant legislation concerning real estate and especially ...

Bucharest, 23 June 2021 – Wolf Theiss assisted VISMA AS, the Nordic leader in the IT&C industry, for the acquisition...

Bucharest, 17 June 2021 – Wolf Theiss successfully assisted Glovoapp23, S.L. ("Glovo"), one of the world’s leading mul...

The increased focus of companies in Central and Eastern Europe (CEE) in tackling large-scale corruption through corporate ...

The COVID-19 pandemic has accelerated structural challenges and trends in the telecommunications industry. Consumer needs ...

On 18 June 2021, the European Data Protection Board adopted its final version on ‘supplementary measures’ for ...

Bucharest, 15 June 2021 – Wolf Theiss acted as legal advisor to Banca Comerciala Romana S.A. in relation to the issue of...

Last week the European Commission published new “standard contractual clauses” under the General Data Protecti...

What do the children of lawyers dream to be when they grow up? And what is it like juggling home school and home office? T...

What does digitalisation mean for my company, for my sector? This is the question business leaders must constantly ask the...

Wolf Theiss’ RES team in Romania joined the RWEA (Romania’s Wind Energy Association) initiative and has actively c...

AI can’t just be plugged in, you have to give it what it needs first: data & training Artificial intelligence is...

Vienna, 21 May 2021 - Wolf Theiss has advised Bright Machines, an industry leader in intelligent, software-defined manufac...

Bucharest, 19 May 2021 – Wolf Theiss advises Raiffeisen Bank S.A. (Romania) as Issuer on its RON 400,575,000 3.086% Seni...

Covid-19 is impacting the current use of real estate. This can be seen, for example from the decreasing demand for retail ...

Central and Eastern Europe (“CEE”) has become an increasingly attractive region for international investors targeting ...

What accelerating trends and paradigm shifts is the real estate market facing? In one of our previous episodes, Partner Pe...

Bucharest, 3 May 2021 - Raiffeisen Bank S.A. (Romania) had the base prospectus for its EUR 850,000,000 Euro Medium Term No...

After successfully completing a law degree, many attorneys ask themselves whether they should do an LL.M. (Master of Laws)...

Developments in the Covid-19 era In the context of the global pandemic in 2020, which exposed the vulnerabilities with exc...

Deep changes in the global real estate market Panta rhei – „Everything flows“. When the Greek philosopher Heraclitus...

Opportunities not to be missed Failing to see the wood for the trees in 2021 and therefore missing investment opportunitie...

CEE continues to rise despite pandemic Growth arc long predates Covid-19 and will continue past it Last year was a trainin...

Last year was a training course for many companies in adaptation and agility. What are the lessons learnt and what is the ...

Employee mobility rising due to remote work Beyond simply working from home, employees are now crossing borders while work...

Bucharest, 7 April 2021 – Wolf Theiss acted as legal advisor to Erste Group Bank AG in relation to a total EUR 123 milli...

THE LEGAL FRAMEWORK FOR EMPLOYERS IN CEE We look at employers’ most common questions about the current Covid-19 vacc...

How do you support your female co-workers? What does it take to reach gender equality in the legal industry? And did you e...

Female empowerment matters – not only on March 8th, International Women’s Day, but on every other day of the y...

Influencer marketing is part of social media, but it is not as easy it appears to be. While brands and companies love to w...

INVEST EUROPE REPORT: CREATING VALUE AND CONTINUED GROWTH Central and Eastern Europe (CEE) now boasts over 30 years of gro...

M&A Spotlight: CEE Cautious optimism, as 52% of dealmakers say their appetite for M&A in the CEE region will incre...

MORE REASONS FOR CONCERN RATHER THAN BENEFITS? Romania recently adopted a new law to protect consumers from excessive inte...

Did you know that Wolf Theiss is represented in 13 jurisdictions, covering 10 different practice areas? The fact that we j...

On 26 November 2020, Romania adopted new technical rules on minimum requirements to ensure the security of network and inf...

Bucharest, 10 December 2020 – Wolf Theiss assisted Holmbergs Safety Systems Holding AB ("Holmbergs"), a Swedish company ...

Legal industry without Legal Tech? That’s almost unthinkable nowadays! As one of the first law firms of the CEE/SEE ...

Wolf Theiss carefully monitors the developments and challenges related to the increasingly complex legislation designed to...

Vienna, 30 November, 2020: Wolf Theiss has advised VIENNA INSURANCE GROUP AG Wiener Versicherung Gruppe (VIG) on all legal...

Almost unsolvable tasks, extremely high pressure and strict observers – Assessment Centres seem to be full of horror sto...

This guide is part of our wider offerings on Financial Restructuring, which is included in our services for Special Situat...

The International Comparative Legal Guide - Foreign Direct Investment Regimes 2021 is a critical resource for legal practi...

The decision of the Court of Justice of the European Union in July 2020 in Schrems II left companies without a clear frame...

Home office, social distancing, lockdowns – the measures taken to combat COVID-19 have impacted almost every industr...

Last week Romania adopted new rules on claims for damages in cases of infringement of competition law, implementing the re...

Working for a big law firm can sometimes be intimidating, especially when you are applying for your first internships and ...

On 7 October 2020, a liquidity state aid scheme became active in Romania worth RON 4 billion (EUR 820 million). Designed t...

The Romanian Trademarks Law has been recently and substantially amended. An important change means that now when class hea...

Over the past few months, the European Green Deal seems to have moved to the background; however, the challenges remain th...

Wolf Theiss & Knight Frank Romania Real Estate Highlight H1 2020, is a co-branded report that presents the Romanian Re...

What is it like to be an intern at Wolf Theiss? Who could answer this question better than our team members which either s...

COVID-19 has led to significant changes for real estate investments and transactions, some of which might be of a lasting ...

Bucharest, 21 September 2020 – Wolf Theiss Bucharest advised a syndicate of banks consisting of Erste Bank Group AG, pbb...

More than one month after the pivotal Schrems II decision of the Court of Justice of the European Union (CJEU), companies ...

What impact did COVID-19 have on Mergers and Acquisitions in the CEE/SEE region? In the first episode of Wolf Theiss Sound...

On 24 July 2020, the European Commission decided on a package of measures for the recovery of the capital markets. With re...

The Romanian government issued a Government Emergency Ordinance which entered into force on 15 July 2020 in order to bring...

Vienna, 9 December 2016 – Wolf Theiss was named the CEE M&A Legal Adviser of the Year 2016 by MergerMarket at an awards ...

Bucharest, 15 January 2018 – Wolf Theiss has advised Revetas Capital Fund II and an affiliate of Cerberus Capital Manage...

Bucharest, 27 March 2018 – After the addition of Partner Maria Maxim who joined Wolf Theiss in September 2017 as the coo...

Warsaw, 19 April 2018 – Wolf Theiss has advised French media and publishing group Lagardère on the sale of its central ...

Bucharest, 2 July 2018 – The Bucharest office of the regional law firm Wolf Theiss assisted BT Investments, a member of...

Bucharest, 12 July 2018 – Claudia Chiper has been named Partner at Wolf Theiss, where she is specialised in banking, fin...

Bucharest, 31 July – Regional law firm Wolf Theiss has added two Senior Lawyers to its TMT (Technology, Media, Telecom) ...

Bucharest, 17 September 2018 – A team of lawyers from the Dispute Resolution team of Wolf Theiss Bucharest office led by...

Bucharest, 11 October 2018 – CEE law firm Wolf Theiss has strengthened its Infrastructure & Construction team in Romania...

Bucharest, 12 November 2018 – Wolf Theiss assisted funds advised by Revetas Capital Advisors LLP (“Revetas”), a real...

Bucharest, 21 November 2018 – The Romanian office of the regional law firm Wolf Theiss assisted Search Corporation, one ...

Warsaw, 18 January 2019 - Wolf Theiss advised ALSO Holding AG, one of the leading providers of ICT distribution, solutions...

Warsaw, 5 July 2019 - Wolf Theiss advised ALSO Holding AG, one of the leading providers of ICT distribution, solutions and...

Bucharest, 17 September 2019 – Ingka Investments has signed an agreement for the acquisition of an 80% shareholding in 7...

Bucharest, 25 November 2019 – Wolf Theiss has assisted the shareholders of Adeplast S.A., a major Romanian manufacturer ...

Bucharest, 15 January 2020 – Wolf Theiss has expanded its Competition practice by adding new Partner Anca Jurcovan to it...

Bucharest, 11 February 2020 – The Romania office of CEE law firm Wolf Theiss extends its team of lawyers. Thus, Wolf The...

Bucharest, 15 April 2020 – WOLF THEISS, one of the leading law firms in CEE and SEE is pleased to announce the promotion...

Bucharest, 27 March 2020 – In the context of the fast evolution of the COVID-19 pandemic and of the changing legal frame...

As of 15 July 2018, Romanian companies are allowed to distribute dividends to shareholders either quarterly or annually. T...

European commission issues its first resale price maintenance decisions in over a decade fining four consumer electronics ...

Order no. 158/2018 on the establishment of the estimated mandatory quota for the acquisition of green certificates for the...

Wolf Theiss is pleased to announce its contribution to the prestigious International Comparative Legal Guides publication ...

Romania has adopted the single European solution for coupling intraday markets, along with regional neighbors Bulgaria, Cr...

Romania has drastically simplified its administrative rules regarding the construction of new buildings, including the iss...

Today is European Data Protection Day, and businesses are facing more challenges than ever ensuring compliance with variou...

Romania has amended the Companies Law no. 31/1990, and important changes enter into force on 6 July 2020, which include th...

The Romanian Parliament has recently passed a draft law which would amend Law no. 17/2014 concerning the sale of agricultu...

On 16 July 2020, the Court of Justice of the European Union (CJEU) issued a long-awaited decision in a dispute between Fac...

ARE THE CRITICS WRONG? Although some observers have criticised the EU’s new regulations on e-commerce for being too ...

On 22 December 2017, the Romanian Government published in the Romanian Official Gazette no. 1022 the Government Emergency ...

Draft law regarding teleworking activities is currently in the process of being approved by the Romanian government. The D...

On March 14, 2018 the Romanian law for implementing measures on EU Regulation no. 2016/679 on the protection of individual...

1. General Criminal Liability Of The Companies Under Romanian Legislation General Conditions of Criminal Liability of Comp...

Kindly be informed that over the past days a Corrigendum Deed amending several provisions of EU Regulation No. 2016/679 on...

On 14 May 2018, a draft law (PL no. 190/2014) regarding certain measures for the rehabilitation of tourist facilities of n...

On 4 June 2018, the Romanian Official Gazette published Government Emergency Ordinance, which had been approved since 24 M...

On 24 June Law no. 129/2018 entered into force.  It had been published in the Romanian Official Gazette no. 503 of Ju...

On 27 June 2018 the legislative proposal for implementing the GDPR measures in Romania was adopted by the Romanian Parliam...

The Romanian parliament has recently enacted law no. 184/2018 for the approval of emergency government ordinance no. 24/20...

On August 23, the Government passed a decision approving the second package of strategic investments to be prepared and aw...

On Monday, September 24, the Romanian Senate adopted the offshore law, which establishes the rules for companies that extr...

On 2 October 2018, the Romanian Official Gazette published Government Emergency Ordinance, ("GEO 88/2018"), for the amendm...

Decision no. 161/09/10/2018 of The National Supervisory Authority for Personal Data Processing (“ANSPDCP”), on...

EU Directive 2016/1148 on Security of Network and Information Systems (the “NIS Directive”) regulates the main...

Wolf Theiss together with other qualified legal professionals from more than 30 European countries, contributed to the rel...

Governmental Emergency Ordinance no. 26/2019 entered into force on 23 April 2019 bringing changes to the Romanian Labour C...

The number of cartel damages claims before national civil courts in Europe has dramatically increased over recent years. T...

As Europe reacts to the impact of the Global COVID-19 pandemic on its populations and budgets, it must not lose sight of t...

Wolf Theiss is pleased to publish this redesigned, eighth (8th) edition of The Wolf Theiss Guide to: Generating Electricit...

Our Bucharest Real Estate and Banking & Finance experts together with Knight Frank’s real estate professionals t...

The Romanian Competition Council is assessing, (at the request of the Romanian energy regulator ANRE): (i) the manner by w...

The High Court of Justice of Romania established in Decision no.34/2016, published in the Official Monitor no.18 dated 9 J...

Advising in utilities projects that convert waste to energy is just one way that Wolf Theiss helps clients innovate and ac...

THE RELEVANT NUMBERS The Romanian Government approved (effective as of 14 April of this year) a State aid scheme which is ...

Since 2013, several investment treaty claims have been filed in the field of renewable energy against European member stat...

Against a backdrop of hotly debated issues, the Romanian Government brought much-needed changes to the green certificates ...

The Romanian Senate adopted a draft law regarding the "electronic headquarters of economic operators" (the "Draft Law"). T...

WHAT IS TO BE DONE BY DATA CONTROLLERS? On September 21st, 2017, the National Supervisory Authority for Personal Data Proc...

In December 2016, the Board of Directors of the National Institute for Research and Development in Informatics ("ICI") iss...

On 8 June 2017, Emergency Government Ordinance 39/2017 ("EGO 39") entered into force and brought a number of important cha...

According to the Government Decision no. 301/2012 on the approval of the Methodological Norms for the application of Law n...

Following the adoption of the Law no. 152/2015 (amending and supplementing the national legislation regarding the registra...

In what is a significant step in the promotion of competition law compliance, the Romanian Competition Council ("RCC") rel...

The "contracts of choice" for the world's most high-profile construction and infrastructure projects have been updated. FI...

The large-scale acquisition of farmland in CEE countries has been a highly debated topic for some time. This is mainly due...

In preparation for the EU General Data Protection Regulation ("GDPR"), which comes into force in May 2018, Romania has upd...

Important news in the data privacy field after the Article 29 Working Party Plenary held in October 2017: the drafts of tw...

On 10 January 2017, a proposal for a new Regulation of the European Parliament and of the Council concerning the respect f...

This year, the Romanian office of Austrian law firm Wolf Theiss expands its competition and state aid practice by adding n...

Vienna, 22 June 2016 – Following its success at the "European Women in Business Awards" last year, Wolf Theiss has once ...

Vienna, 16 December 2016 - Amundi has acquired Pioneer Investments from Unicredit for an all-cash consideration of EUR 3.5...

Bucharest, 22 November 2016 – Wolf Theiss contributed to the development of cloud privacy check (CPC) portal, the larges...

Vienna, 18 November 2016 – Wolf Theiss is advising Harvia Group Oy in its acquisition of sentiotec, the sauna and wellne...

There are many factors which contribute to the success and performance of a company, and gender diversity is definitely on...

We are very pleased to share with you the newest edition of the Wolf Theiss M&A Spotlight: Corporate Monitor for Centr...

What are the legal consequences for corporate units if the UK withdraws from the EU?Following the kick-off event of our Wo...

One year has passed since the most important reform of European data protection laws in the last 25 years was implemented....

In a shift in green energy policy in Romania, the mandatory RES-Electricity quota benefiting from the green certificate su...

Wolf Theiss contributed to the preparation of the AmCham Guidelines on Third Parties Anti-Corruption Due Diligence

The EU Cybersecurity Directive, known as the "NIS Directive" was published on 19 July 2016 in the Official Journal of the ...

Since 1985, the EU has sought to mobilize capital in Europe and encourage investment in all Member States by promoting cro...

On 12 August 2016 the European Banking Authority (EBA) published a Consultation Paper on draft regulatory technical standa...

The European Securities and Markets Authority (“ESMA”) has published its second set of advice (the “Advice”) on th...

The Ministry of Public Finances and Ministry of Agricultural and Rural Development issued order no. 1155/868/2016 establis...

We provide this update to our newsletter of 2 June 2016, on the entry into force of the new public procurement legislative...

The National Authority for Consumer Protection ("ANPC") imposed sanctions during Q1 2016 upon clothing retailers in Romani...

On 23 May 2016, the Romanian Official Gazette published the highly anticipated new public procurement package consisting o...

Curtea Constituţională a declarat ca fiind neconstituţională prevederea din Codul Muncii care permitea angajatorului s...

After controversial debates, Law no. 77/2016 on discharge of mortgage-backed debts through transfer of title over immovabl...

The highly anticipated revisions to the EU legal regime for data protection have now been adopted following the publicatio...

Further to our newsletter sent on 31 March 2016, on the Emergency Government Ordinance no. 7/2016 we continue with an anal...

EU legislation that will enter into force in July 2016 brings new obligations for the FSA and the financial market entitie...

Starting in 2013, several investment treaty claims have been filed in the field of renewable energy against several Europe...

Emergency Government Ordinance no. 7/2016 on several measures for acceleration of the implementation of trans-European tra...

Since the beginning of 2016, several ANRE Orders were enacted for the regulation of the RES-Electricity market. Please rec...

Avem placerea sa va impartasim cateva noutati in legatura cu contractele GAFTA, urmare in special a unor decizii luate de ...

Va informam ca acei comercianti care desfasoara activitati economice online (prin incheierea online de contracte de vanzar...

On 30 October 2015, Law no. 249/2015 on the management of packaging and waste derived from packaging (the "Law"), was publ...

This 2018 Wolf Theiss Guide to Dispute Resolution in Central, Eastern & Southeastern Europe is intended as a practical gui...

This 2018 Wolf Theiss Guide to International Arbitration in Central, Eastern & Southeastern Europe is intended as a practi...

This 2018 Wolf Theiss Guide to Handling Business Crime Cases in Central, Eastern & Southeastern Europe is intended as a pr...

Is the current M&A market seller-friendly or buyer-friendly? What do the holdbacks in purchase prices signalize? Are t...

Wolf Theiss is pleased to publish the second edition (2018) of “The Wolf Theiss Guide To: Licensing of Electricity a...

The EU 4th Anti-Money Laundering Directive (AMLD 4) was published in the Official Journal of the European Union on 5 July...

Bucharest, 11 December 2017 – Wolf Theiss welcomes back Flaviu Nanu as Counsel and adds Sebastian Boțic as Associate in...

Warsaw, 3 October 2016 – International law firm Wolf Theiss, partnering with Mergermarket, hosted the 2016 CEE M&A and P...

Every day we share our personal data on the internet. In the meantime, almost every business entity is processing data dai...

Law no. 235/2015 for the amendment and supplementation of Law no. 506/2004 on the personal data processing and protection ...

Our regional firm is one of the leading firms with a focus on IP/IT practice and, naturally, we monitor the progress withi...

1. Enactment of Law No. 120/2015 on providing incentives for individual investors – business angels On 17 July 2015, Law...

On 18 June 2015, the President of Romania promulgated an insolvency law for individuals, which was previously approved by ...

After lengthy debate, on 10 June 2015, law no. 133 amending the Romanian Forestry Code was published in the Official Gazet...

On 6 May 2015, the Chamber of Deputies adopted a draft law which approves a number of measures in the field of energy from...

Starting with 4 March 2015, ANRE Order no. 8/2015 on the approval of the mandatory green certificate acquisition quota for...

Bucharest, 13th of October 2017: The “GDPR Roadmap – Connecting the business lines” conference was organized by the ...

Bucharest, 11 September 2017 – Wolf Theiss Bucharest has expanded its TMT and Data Protection & Compliance practice ...

Vienna/London – 11 April 2017 – Wolf Theiss has been named "Central and Eastern Europe Law Firm of the Year" in this y...

Wolf Theiss is pleased to publish the first edition (2017) of "The Wolf Theiss Guide to: Energy Efficiency in Central, Eas...

Vienna/London, 16 February 2017 – 98 percent of dealmakers say they are more likely to invest in Central, Eastern and So...

The most important lessons learned since the collapse of Lehman Brothers are that no bank is too big to fail and that nati...

Vienna, 2 November 2016 – Wolf Theiss has advised the Filtration Group, a subsidiary of the finance investor Madison Cap...

Wolf Theiss is pleased to publish the first edition (2016) of “The Wolf Theiss Waste to Energy Guide in Central, Eas...

ANRE Order no. 78/2014 on the approval of the Regulation for the execution of bilateral power purchase agreements via exte...

New electricity trade regulations were put into force. Market participants that were already registered with the centraliz...